Economics Challenge
2005 Results
On April 5, eighty-eight high school students from eleven Illinois schools competed in the annual competition for economics students, Econ Challenge. Students competed in either advanced placement economics (the Adam Smith division) or general, consumer economics (the David Ricardo division.) The Illinois competition was held at the Federal Reserve Bank of Chicago and consisted of individual and team tests, ending with a final non-timed oral question-and-answer round.
The top teams in each division advanced to the Midwest Econ Challenge competition on April 22, 2005 at the Union League Club of Chicago. Winning students from nine Midwest states vied for top honors in the regional competition.
Winning students in the Illinois Econ Challenge received medals, U.S. savings bonds and a traveling trophy to display at their school until next year's event. Runner-up teams received medals. All teachers and students participating in the event received 2005 Illinois Econ Challenge T-shirts and certificates of participation.
Participating Illinois schools:
- Bogan High School, Chicago, teacher James Artese
- Carl Sandburg H S, Orland Park, teacher Fred Peronto
- Homewood-Flossmoor H S, Flossmoor, teacher Scott McAlister
- John Hersey H S, Arlington Heights, teacher Robert Lindgren
- Larkin High School, Elgin, teacher Steven Lauridsen
- Niles West H S, Skokie, teacher Shaun Waldron
- North Chicago Community H S, North Chicago, teacher Bob Eschmann
- Peoria High School, Peoria, teacher Kathy Bellott
- Victor J Andrew H S, Tinley Park, teacher Peg Seaman
- Warren Township H S, Gurnee, teacher Julie Dvorak
- Willowbrook H S, Villa Park, teacher Joy Joyce
Illinois Econ Challenge winners are as follows:
- Adam Smith Division (Advanced Placement)
Winning team:& Homewood-Flossmoor Community High School, coached by teacher Scott McAlister. Team members - Adam M, Carley R, Justin R and Jacob Z.
Runner-up team: Willowbrook High School, coached by teacher Joy Joyce. Team members - Kevin F, Robert L, Henry N and Brian P. - David Ricardo Division (General Economics)
Winning team: Willowbrook High School, coached by teacher Joy Joyce. Team members - Liz B, Noel K, Nicole N and Danny S.
Runner-up team: Larkin High School, coached by teacher Steven Lauridsen. Team members - Stewart B, Melissa C, Lindsay G and Megan S.
Midwest Econ Challenge
Nine states competed for Midwest Champion honors at the Union League Club of Chicago. The states of Illinois, Indiana, Iowa, Kentucky, Michigan, Missouri, Ohio, Tennessee and Wisconsin were represented. Competing teams each won their own state's competition in order to move on to the Midwest Regional competition.
The top team in each division advanced to the National Econ Challenge competition in New York City in late May, with expenses paid for students and their teacher/coach. Students on the top teams at the Midwest Challenge receive savings bonds and medals. Teachers also receive cash awards. All students and teachers participating in the event receive 2005 Midwest Econ Challenge T-shirts and certificates of participation.
Winning teams at Midwest Econ Challenge 2005:
- Adam Smith Division
Winner: Strongsville High School, Strongsville,OH
Runner-up: Dubuque Hempstead High School, Dubuque, IA
- David Ricardo Division
Winner: Parkway Central High School, Chesterfield, MO
Runner-up: Carmel High School, Carmel, IN
